Problem
Find the yen prices of US rice costing $4.50 per bushel when the yen/$ exchange rate is 110 and 125. Demand for rice is Q = 9,000,000 - 10,000 P* where P* is the yen price. Find the quantity of rice demanded in Japan and the quantity of yen supplied at both exchange rates. Plot the supply of yen.
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.